Banco Santander Brasil S A : 03/31/2021 - Minutes of the Shareholder's Meeting on 03/31/2021

BANCO SANTANDER (BRASIL) S.A.

Publicly-held Company with Authorized Capital

CNPJ/ME no. 90.400.888/0001-42

NIRE 35.300.332.067

MINUTES OF THE EXTRAORDINARY GENERAL SHAREHOLDERS' MEETING

HELD ON MARCH 31, 2021

DATE, TIME, AND PLACE: On March 31, 2021, at 3 PM, at the principal place of business of Banco Santander (Brasil) S.A. ("Company"), located in the city of São Paulo, State of São Paulo, at Avenida Presidente Juscelino Kubitschek, No. 2041 - CJ 281, Bloco A, Cond. Wtorre JK - Vila Nova Conceição - CEP 04543-011.

CALL NOTICE AND ATTENDANCE: Shareholders representing 96.06% of the common shares issued by the Company and 95.17% of the preferred shares issued by the Company, as verified by the signatures in the Shareholders' Attendance Book and considering the valid remote voting ballots, as shown in the voting summary map released by the Company. Messrs. (i) Reginaldo Antonio Ribeiro, Executive Officer of the Company; (ii) João Guilherme de Andrade So Consiglio, member of the Company's Fiscal Council; (iii) Maria Elena Cardoso Figueira member of the Company's Audit Committee; and (iv) Edison Arisa and Paulo Petch, representative of the appraiser PricewaterhouseCoopers Auditores Independentes.

MEETING BOARD: Daniel Pareto, Chairman of the Board. José Luiz Homem de Mello, Secretary of the Board.

CALL NOTICE AND PUBLICATIONS: Call notice published on the "Diário Oficial do Estado de São Paulo" editions of March 1, 2 and 3, 2021, and in the newspaper "Valor Econômico", editions of February 27, 2 and 3, 2021.

AGENDA: (1) To ratify the hiring of PricewaterhouseCoopers Auditores Independentes, with its principal place of business in the city of São Paulo, State of São Paulo, at Avenida Francisco Matarazzo, 1400, 9th, 10th and 13th to 17th floors, Torre Torino, Água Branca, enrolled with the CNPJ/ME under No. 61.562.112/0001- 20, as a specialized company responsible for preparing the appraisal report of the portion of the Company's net equity to be transferred to Getnet Adquirência e Serviços para Meios de Pagamento S.A. (CNPJ No. 10.440.482/0001-54) ("Getnet" and "Appraisal Report", respectively); (2) to approve the Appraisal Report; (3) to approve the terms and conditions of the Private Instrument of Protocol and Justification of the spin-off from Banco Santander (Brasil) S.A. with transfer of the spun-off portion to Getnet Adquirência e Serviços para Meios de Pagamento S.A." entered into on February 25, 2021, between the Company's and Getnet's managements ("Protocol and Justification of the Spin-offfrom Santander"); (4) to approve the spin-off from the Company, which will result in the segregation of its shares issued by Getnet, with transfer of the spun-off portion to Getnet, pursuant to the Protocol and Justification of the Spin-off from Santander ("Partial Spin-off");(5)

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if the previous matters are approved, to authorize and ratify all the acts of the Company's managers necessary for the effectiveness of the resolutions proposed and approved by the Company's shareholders; (6) to approve the reduction of the Company's share capital in an amount equal to two billion Brazilian Reais (BRL 2,000,000,000.00), reducing the Company's share capital from the current fifty- seven billion Brazilian Reais (BRL 57,000,000,000.00) to fifty-five billion Brazilian Reais (BRL 55,000,000,000.00), without the cancellation of shares, as a result of the Spin-off ("Capital Reduction"); (7) to approve the amendment to the head provision of article 5 of the Company's Bylaws, to reflect the Capital Reduction; (8) to approve the amendment to article 30 of the Company's Bylaws, to improve the rules for the appointment of the members of the Audit Committee, in accordance with the provisions of the Resolution of the National Monetary Council No. 3,198, of May 27, 2004, as amended; and (9) to approve the amendment and restatement of the Company's Bylaws so as to reflect the amendment resulting from the Capital Reduction and the amendment to article 30 of the Company's Bylaws.

READING OF DOCUMENTS, RECEIPT OF VOTES AND DRAFTING OF THE

MINUTES: (1) The reading of documents related to the agenda was waived, since they are fully known by the shareholders and were made available on the website of the Brazilian Securities and Exchange Commission ("CVM" - www.cvm.gov.br) on February 26, 2021; (2) The written votes, protests and dissents that may be presented will be numbered, received and authenticated by the Board and will be filed at the Company's headquarters, pursuant to article 130, § 1, of Law No. 6,404/76, and disclosed in accordance with the applicable standards; and (3) the drawing up of these minutes in summary form and their publication without the signatures of all shareholders was authorized, pursuant to paragraphs 1 and 2 of article 130 of Law No. 6,404/76.

REMOTE VOTING: The shareholders present decided to waive the reading of the Consolidated Voting Map released to the market on February 26, 2021, as provided for in § 4 of Article 21-W of CVM Ruling No. 481/2009, which was also placed on the table for shareholders' appreciation together with the other documents mentioned above.

RESOLUTIONS: After the discussions related to the matters included in the Agenda, the Company's shareholders resolved to

1. RATIFY, by majority, with 7,169,454,303 favorable votes (being 3,667,891,613 common shares and 3,501,562,690 preferred shares), 29,316 contrary votes (being 14,658 common shares and 14,658 shares preferred shares) and 1,107,250 votes not cast due to abstentions (being 553,625 common shares and 553,625 preferred shares), the hiring of PricewaterhouseCoopers Auditores Independentes, headquartered in the city of São Paulo, State of São Paulo, at Avenida Francisco Matarazzo, 1400, 9th, 10th and 13th to 17th floors, Torre Torino, Água Branca, registered with CNPJ/ME under No. 61.562.112/0001-20, as a specialized company responsible for preparing the Appraisal Report;

1. APPROVE, by majority, with 7,169,446,907 favorable votes (being 3,667,887,915 common shares and 3,501,558,992 preferred shares), 30,958 contrary votes (being 15,479 common shares and 15,479 preferred shares) and 1,113,004 votes not cast due to abstentions (being 556,502 common shares and 556,502 preferred shares), the Appraisal Report, without any reservations, that was authenticated by the Board is included in these minutes as Exhibit I, which valued the Company's spun-off portion to be transferred to Getnet at two billion, four hundred and seventy million, five hundred and sixty-six thousand, six hundred and forty-three Brazilian Reais and three cents (BRL 2,470,566,643.03), based on the Company's financial statements for the fiscal year ended December 31, 2020;
2. APPROVE, by majority, with 7,169,419,111 favorable votes (being 3,667,874,017 common shares and 3,501,545,094 preferred shares), 43,230 contrary votes (being 21,615 common shares and 21,615 shares preferred shares) and 1,128,528 votes not cast due to abstentions (being 564,264 common shares and 564,264 preferred shares), without any exception, the terms and conditions of the Protocol and Justification of the Spin-off from Santander, a copy of which was authenticated by the Board and included in these minutes as Exhibit II;
3. APPROVE, by majority, with 7,169,414,055 favorable votes (being 3,667,871,489 common shares and 3,501,542,566 preferred shares), 41,848 contrary votes (being 20,924 common shares and 20,924 shares preferred shares) and 1,134,966 votes not cast due to abstentions (being 567,483 common shares and 567,483 preferred shares), the Company's Spin-Off, which will result in the segregation of its shares issued by Getnet, with transfer of the spun-off portion to Getnet, pursuant to the Protocol and Justification of the Spin-off from Santander. The Company's Spin-Off is subject to approval by the Central Bank of Brazil, pursuant to Resolution No. 4,122, of August 2, 2012;
4. AUTHORIZE and RATIFY, by majority, with 7,169,433,449 favorable votes (being 3,667,881,186 common shares and 3,501,552,263 preferred shares), 31,530 contrary votes (being 15,765 common shares and 15,765 preferred shares) and 1,125,890 votes not cast due to abstentions (being 562,945 common shares and 562,945 preferred shares), all the acts of the Company's management necessary to carry out the resolutions proposed and approved by the Company's shareholders;
5. APPROVE, by majority, with 7,169,445,615 favorable votes (being 3,667,887,269 common shares and 3,501,558,346 preferred shares), 23,292 contrary votes (being 11,646 common shares and 11,646 shares preferred shares) and 1,121,962 votes not cast due to abstentions (being 560,981 common shares and 560,981 preferred shares), the Capital Reduction, in the total amount of two billion Brazilian Reais (BRL 2,000,000,000.00), from the current fifty-seven billion Brazilian Reais (BRL 57,000,000,000.00) to fifty-five billion Brazilian Reais (BRL 55,000,000,000.00), without the cancellation of shares, as a result of the Spin-Off;

1. APPROVE, by majority, with 7,169,457,609 favorable votes (being 3,667,893,266 common shares and 3,501,564,343 preferred shares), 23,690 contrary votes (being 11,845 common shares and 11,845 preferred shares and 1,109,570 votes not cast due to abstentions (being 554,785 common shares and 554,785 preferred shares), the amendment to the head provision of article 5 of the Company's Bylaws, to reflect the Capital Reduction;
2. APPROVE, by majority, with 3,667,895,757 favorable votes, 8,915 contrary votes and 555,224 votes not cast due to abstentions, the amendment to article 30 of the Company's Bylaws, to improve the rules for the appointment of members of the Audit Committee, in accordance with the provisions of the Resolution of the National Monetary Council No. 3,198, of May 27, 2004, as amended, specifically to
   (i) include an express provision that the term of office of the members of the Audit Committee extends to the investiture of their substitute members; and (ii) provide that, once the maximum limit for renewals provided for in art. 30 of the Bylaws is reached, the member of the Audit Committee may only rejoin such body after at least three (3) years have elapsed since the end of his previous term, except that up to one third (1/3) of the members of the Audit Committee may be reappointed to such body for an additional term of 1 (one) year, waiving the interstice of 3 (three) years; and
3. APPROVE, by majority, with 7,169,445,879 favorable votes (being 3,667,887,401 common shares and 3,501,558,478 preferred shares), 24,372 contrary votes (being 12,186 common shares and 12,186 shares preferred shares) and 1,120,618 votes not cast due to abstentions (being 560,309 common shares and 560,309 preferred shares), the amendment and restatement of the Company's Bylaws, in order to reflect the amendment resulting from the Capital Reduction and the amendment of article 30 of the Company's Bylaws, a copy of which was certified by the Board and included in these minutes as Exhibit III.

ADJOURNMENT: With nothing else to discuss, the Meeting was adjourned, and these minutes were drawn up which, after read and approved, were signed by the members of the Meeting Board and all shareholders present.

SIGNATURES: Daniel Pareto, Chairman of the Board, and José Luiz Homem de Mello,

Secretary of the Board. Shareholders: BANCO SANTANDER S.A. - Daniel Pareto, attorney-in-fact;GRUPO EMPRESARIAL SANTANDER, S.L. - Daniel Pareto, attorney-in-fact;STERREBEECK, B.V. - Daniel Pareto, attorney-in-fact;NEW YORK

STATE NURSES ASSOCIATION P P; THE BOARD OF.A.C.E.R.S.LOS ANGELES,CALIFORNIA; UTAH STATE RETIREMENT SYSTEMS; CITY OF LOS ANGELES FIRE AND POLICE PENSION PLAN; FIDELITY SALEM STREET TRUST: FIDELITY SERIES G EX US I FD; AMF PENSIONSFORSAKRING AB; ASCENSION ALPHA FUND, LLC; KBI DST EMERGING MARKET ESG FUND; FIDELITY SALEM STREET TRUST: FIDELITY FLEX INTERNATIONAL IND; FIDELITY SALEM STREET TRUST: FIDELITY INTERNATIONAL SUSTAINA; SPARTAN GROUP TRUST FOR EMPLYEE BENEFIT PLANS: SPARTAN EMERG

PLURIBUS LABS GLOBAL CORE EQUITY MASTER FUND LP; VERDIPAPIRFONDET KLP AKSJE FREMVOKSENDE MARKEDER INDEKS I; COMMONWEALTH SUPERANNUATION CORPORATION; QIC INTERNATIONAL EQUITIES FUND; QUEENSLAND INVESTMENT TRUST NO.2; QSUPER; THE MASTER T BK OF JPN, LTD AS T OF NIKKO BR EQ MOTHER FUND; THE NOMURA T AND B CO LTD RE I E S INDEX MSCI E NO HED M FUN; DWS LATIN AMERICA EQUITY FUND; CUSTODY B. OF J. LTD. RE: STB D. B. S. M. F.; CUSTODY BANK OF JAPAN, LTD. RE: RTB NIKKO B. E. A. M. F.; CUSTODY BANK OF JAPAN, LTD. RE: EMERG EQUITY PASSIVE MOTHR F; LACM EMERGING MARKETS FUND L.P.; CUSTODY B. OF J. LTD. RE: STB D. E. E. F.

I. M. F.; NN (L); FIRST TRUST BRAZIL ALPHADEX FUND; FIRST TRUST LATIN AMERICA ALPHADEX FUND; FIDELITY SALEM STREET T: FIDELITY E M INDEX FUND; FIDELITY SALEM STREET T: FIDELITY G EX U.S INDEX FUND; NN (L) EMERGING MARKETS HIGH DIVIDEND; VANGUARD FUNDS PUBLIC LIMITED COMPANY; SEI GLOBAL MASTER FUND PLC, THE SEI EMERGING MKT EQUITY FUND; SEI INST INT TRUST EM MKTS EQUITY FUND; SEI INSTITUTIONAL INVESTMENTS TRUST- EMERGING MARKETS E FUND; CORNERSTONE ADVISORS GLOBAL PUBLIC EQUITY FUND; KBI GLOBAL INVESTORS (NA) LTD CIT; LACM EMII, L.P.; FIDELITY SALEM STREET TRUST: FIDELITY SAI EMERGING M I FUND; VANGUARD INVESTMENT SERIES PLC; FIDELITY SALEM STREET T: FIDELITY TOTAL INTE INDEX FUND; EMERGING MARKETS EQUITY SELECT ETF; KRANESHARES MSCI EMERGING MARKETS EX CHINA INDEX E; VANGUARD INVESTMENT SERIES PLC / VANGUARD ESG EMER; CIBC EMERGING MARKETS INDEX FUND; EMERGING MARKETS EQUITY FUND; AGF INVESTMENTS INC; AGFIQ EMERGING MARKETS EQUITY ETF; PHILADELPHIA GAS WORKS PENSION PLAN; PRAMERICA SICAV; CAISSE DE DEPOT ET PLACEMENT DU QUEBEC; PRUDENTIAL TRUST COMPANY; PRUDENTIAL RETIREM INSURANCE AND ANNUITY COMP; TEACHER RETIREMENT SYSTEM OF TEXAS; CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM; PACIFIC SELECT FUND - PD EMERGING MARKETS PORTFOLIO;SCHWAB EMERGING MARKETS EQUITY ETF; GMO IMPLEMENTATION FUND, A SERIES OF GMO TRUST; JOHN HANCOCK FUNDS

1. STRATEGIC EQUITY ALLOCATION FUND; SCOTTISH WIDOWS INVESTMENT SOLUTIONS FUNDS ICVC- FUNDAMENTAL; GMAM INVESTMENT FUNDS TRUST; THE GENERAL MOTORS CANADIAN HOURLY-RATE EMPLOYEES PENSION PL; WISDOMTREE EMERG MKTS QUALITY DIV GROWTH FUND; WISDOMTREE EMERGING MARKETS HIGH DIVIDEND FUND; WISDOMTREE GLOBAL HIGH DIVIDEND FUND; NAT WEST BK PLC AS TR OF ST JAMES PL ST MANAGED UNIT TRUST; GMO TAX-M. B - F. FREE, A S. OF GMO M. P. (ONSHORE), L.P.; ALLIANZ GLOBAL INVESTORS FUND - ALLIANZ BEST STYLES E M E; RUSSELL INVESTMENT COMPANY PUBLIC LIMITED COMPANY; PIMCO EQUITY SERIES: PIMCO RAE EMERGING MARKETS FUND; PIMCO RAE EMERGING MARKETS FUND LLC; SUNSUPER SUPERANNUATION FUND; GMO BENCHMARK-FREE FUND, A SERIES OF GMO TRUST; THE REGENTS OF THE UNIVERSITY OF CALIFORNIA; PGIM FUNDS PUBLIC LIMITED COMPANY; VANGUARD INV FUNDS ICVC-VANGUARD FTSE GLOBAL ALL CAP INDEX F;